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An announcement from Nokia ( (GB:0HAF) ) is now available.
Nokia has announced the repurchase of 1.4 million of its own shares, with a total transaction cost of EUR 6,611,080. This buyback is part of a broader program initiated to offset the dilutive effects of new shares issued to Infinera Corporation shareholders. The program aims to repurchase up to 150 million shares by December 2025, with a maximum aggregate purchase price of EUR 900 million, reflecting Nokia’s strategic effort to maintain shareholder value and market positioning.
More about Nokia
Nokia is a B2B technology innovation leader focused on creating networks that sense, think, and act. It operates across mobile, fixed, and cloud networks, and is known for its intellectual property and long-term research through Nokia Bell Labs. Nokia provides secure, reliable, and sustainable networks and collaborates with service providers, enterprises, and partners globally to develop future digital services and applications.
YTD Price Performance: 9.43%
Average Trading Volume: 2,493,653
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.37B
See more data about 0HAF stock on TipRanks’ Stock Analysis page.
